Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 8-Jan-16
IHS forecasts an upturn in mergers and acquisitions activity in the global oil and gas industry in 2016. The global consultancy notes that the total value of such transaction was $US143bn in 2015, which is 22 per cent lower than previously, while there was a significant fall in the number of transactions worth more than $US1bn. Ben Wilson of RBC Capital Markets expects M&A activity to be particularly strong in Australia during 2016.
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IHS INCORPORATED, RBC CAPITAL MARKETS, WOODSIDE PETROLEUM LIMITED – ASX WPL, SANTOS LIMITED – ASX STO, OIL SEARCH LIMITED – ASX OSH, ORIGIN ENERGY LIMITED – ASX ORG, BEACH ENERGY LIMITED – ASX BPT, DRILLSEARCH ENERGY LIMITED – ASX DLS, ROYAL DUTCH SHELL PLC, BG GROUP PLC, SCEPTER PARTNERS, INTEROIL CORPORATION, BERNSTEIN AND ASSOCIATES, APACHE CORPORATION, BROOKFIELD ASSET MANAGEMENT INCORPORATED, MACQUARIE CAPITAL PTY LTD, QUADRANT ENERGY PTY LTD, MOODY’S INVESTORS SERVICE INCORPORATED